A month after the Shanghai-Hong Kong trading link opened, demand has subdued and most activity has come from short-term speculative traders.» Read More
Jaspal Bindra, Group Executive Director & CEO, Asia, Standard Chartered discusses the lender's plans to refocus in South Korea in terms of improving returns following its $1 billion writedown on its Korean operations.
European shares closed down on Tuesday after renewed fears in the U.S. that the Federal Reserve might start tapering its massive stimulus program in September.
Helia Ebrahimi, UK business editor at CNBC tells CNBC that Standard Chartered could be affected by the drop in emerging market growth.
Stuart Leckie, Chairman of Stirling Finance in Hong Kong says focus will be on cost cutting for HSBC.
Ismael Pili, Head of Financials Research, Asia at Macquarie Securities, compares HSBC and Standard Chartered ahead of the banks' earnings reports.
Barclays' cash call, aimed at boosting its capital strength and meeting another hefty mis-selling charge, could bode ill for other U.K. banks such as Lloyds, analysts said.
Wall Street banks are being investigated for transactions that violated sanctions on countries with ties to terrorism, New York State's chief financial regulator revealed Tuesday.
Swiss bank UBS will surrender its Indian banking license and close its banking unit, covering fixed income, forex operations and credit services, a source with direct knowledge of the matter told Reuters on Saturday.
The banking watchdog said the aggregate capital shortfall at five major U.K. banks at the end of 2012 was 27.1 billion pounds, slightly higher than its 25 billion initial estimate in March this year.
Singapore's central bank censured a record 20 banks on Friday after it found more than 100 traders in the city state tried to rig key borrowing and currency rates.
Jaspal Bindra, Group Executive Director and CEO for Asia at Standard Chartered Bank, talks about plans for growth in Myanmar, a country where 70% of the population is living in rural areas.
Standard Chartered remains committed to expanding its presence in Africa, the firm's executive director told CNBC.
HSBC will redouble cost-cutting efforts, including axing up to 14,000 more jobs globally, as it seeks to drive earnings and dividend growth in the face of muted revenue.
European shares closed lower on Monday, having pared losses after retail sales data in the U.S. came in better-than-expected. However, shares remained near the five-year highs hit in last week's global rally.
Standard Chartered's asset quality is deteriorating and investors are miscalculating risk in the loan book of the British lender, according to Carson Block, founder of U.S.-based short seller Muddy Waters.
Carson Block, Founder of Muddy Waters Research, discusses why he believes the market is underestimating the risk in Standard Chartered's loan book.
Standard Chartered said on Wednesday its first quarter operating profit was likely to be slightly lower than a year ago as an increase in hiring, and wages, pushed up costs.
Thailand's richest man bid $6.6 billion to buy cash-and-carry wholesaler Siam Makro from Dutch firm SHV Holdings, the biggest Asia-Pacific M&A deal this year.
The Senate Banking Committee is set to hold a hearing on Thursday to examine whether regulators inappropriately "outsource" oversight to consultants that are paid billions of dollars by the banks. The NY Times reports.
The Cyprus bailout chaos serves as a stark reminder that fundamental issues in the world economy are not yet fixed, said CEO of Standard Chartered Bank Peter Sands.